The United States' economic crisis has certainly made headlines, but the chill has reached far beyond America, with countries as diverse as Ukraine and Iceland meet economical meltdowns. The United Kingdom is facing its own downtrodden economy too. The industry affected most by the tumble the economy has taken seems to be the housing industry. According to the leading mortgage providers in the UK, house prices in the UK have fallen twelve percent in the last twelve months. What effect will this have on the heating and plumbing industry?
Initial evidence shows that the economic downturn hasn't slowed down business for the plumbing and heating industry as much as it has for other industries. There are a few companies that have reported a drop in billable hours, but for the most part, business has remained steady. The real change has been in the kind of work that the heating and plumbing engineers are being hired to do.
Up to last year, when the housing market was on an upswing, many heating and plumbing engineers were hired to create completely new plumbing and heating or cooling systems. In many ways, a new house and would often lead to completely new plumbing and heating system to be designed and installed. Now that the housing market has slowed down, home owners are more concerned with making sure their current systems will last as long as possible, while keeping costs down.
Heating and plumbing engineers are now being hired to repair and renovate systems in homes. Heating and cooling systems are being retooled and cleaned instead of being replaced. Professionals are finding that their billable hours are going toward boiler replacement and hot water cylinder repairs and inspecting vents and drains to ensure that they are working correctly and cost efficiently.
Heating and plumbing engineers are happy to book their hours, and they do not necessarily look for a redesign project with new built homes. Repairs and replacements provide dependable work and they ensure that these professional engineers are able to pay their bills.
Some heating engineers have discovered that diversifying their business and learning how to practice "green" methods of plumbing and heating can remarkably improve their number of billable hours, as recently clients have shown interest in making sure their homes are environmentally friendly. Solar thermal panels, under floor heating systems and environmentally friendly sewer systems are becoming more popular.
The simple fact remains that even though the economy is clearly slowing down, the heating and plumbing industry will be able to stay fairly stable because of the simpler jobs of renovations and repairs and periodic maintenance. Engineers who are up to date on "green" technologies will also be able to bring in a fair amount of work each week. It is important for heating and plumbing engineers to be flexible. The more flexible an engineer can be, the more likely they are to survive no matter what the economic conditions are. - 15485
Initial evidence shows that the economic downturn hasn't slowed down business for the plumbing and heating industry as much as it has for other industries. There are a few companies that have reported a drop in billable hours, but for the most part, business has remained steady. The real change has been in the kind of work that the heating and plumbing engineers are being hired to do.
Up to last year, when the housing market was on an upswing, many heating and plumbing engineers were hired to create completely new plumbing and heating or cooling systems. In many ways, a new house and would often lead to completely new plumbing and heating system to be designed and installed. Now that the housing market has slowed down, home owners are more concerned with making sure their current systems will last as long as possible, while keeping costs down.
Heating and plumbing engineers are now being hired to repair and renovate systems in homes. Heating and cooling systems are being retooled and cleaned instead of being replaced. Professionals are finding that their billable hours are going toward boiler replacement and hot water cylinder repairs and inspecting vents and drains to ensure that they are working correctly and cost efficiently.
Heating and plumbing engineers are happy to book their hours, and they do not necessarily look for a redesign project with new built homes. Repairs and replacements provide dependable work and they ensure that these professional engineers are able to pay their bills.
Some heating engineers have discovered that diversifying their business and learning how to practice "green" methods of plumbing and heating can remarkably improve their number of billable hours, as recently clients have shown interest in making sure their homes are environmentally friendly. Solar thermal panels, under floor heating systems and environmentally friendly sewer systems are becoming more popular.
The simple fact remains that even though the economy is clearly slowing down, the heating and plumbing industry will be able to stay fairly stable because of the simpler jobs of renovations and repairs and periodic maintenance. Engineers who are up to date on "green" technologies will also be able to bring in a fair amount of work each week. It is important for heating and plumbing engineers to be flexible. The more flexible an engineer can be, the more likely they are to survive no matter what the economic conditions are. - 15485
About the Author:
Tal Potishman, editor of Heating Central, writes articles about central heating, boilers, Bristol plumbers, underfloor heating and solar thermal. He specializes in helping save money by advising on efficient heating.
